Firm Information

Compensation
Fee-Only (AUM)
Number of Advisors
24 advisors
Number of Clients
1,285 clients
Average Client Portfolio
$958K average
Assets Under Management
$1.2B

Fee Structure

Minimum Investment:$250K
Financial Planning:Investment management only

Alterna Wealth charges an annual advisory fee, typically 1.25% of assets under management, but this is negotiable based on factors like account size and services provided. Fees are calculated and charged monthly in arrears. The standard fees for models/strategies range from 1.00%-2.00%, and accounts invested in these strategies are subject to an annual 0.02% Service Fee. Clients may pay other fees associated with their account, including brokerage commissions and custodial fees.

Areas of Practice
Investment ManagementHigh Net Worth
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Advisor Information

Office location

19134 Stone Oak Parkway, Suite 200, San Antonio, TX, 78258

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Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Alterna Wealth Management, INC.
September 2009 - Present · 16 yrs 4 mos
Alterna Securities, INC.Broker
September 2009 - Present · 16 yrs 4 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
March 1999 - May 2009 · 10 yrs 2 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated Broker
October 1998 - May 2009 · 10 yrs 7 mos
State Registrations9 states
AZCADEFLMNNYSDTXWA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.